Spirits producer Radico Khaitan is preparing to spin off its Indian Made Foreign Liquor (IMFL) business as a subsidiary and seek foreign investment in the unit.
INDIA: Radico Khaitan to seek foreign funds for IMFL subsidiary
Spirits producer Radico Khaitan is preparing to spin off its Indian Made Foreign Liquor (IMFL) business as a subsidiary and seek foreign investment in the unit, according to local reports.